earnings
confidence high
sentiment positive
materiality 0.70
Verisign Q2 revenue +5.9% to $410M, EPS $2.21; initiates $0.77 dividend, $1.5B buyback
VERISIGN INC/CA
- Revenue $410M (+5.9% YoY); diluted EPS $2.21 vs $2.01 in Q2 2024.
- Board initiates quarterly cash dividend of $0.77/share, payable Aug 27 to Aug 19 record holders.
- Board authorizes additional $913M in share repurchases; total authorization now $1.5B, no expiration.
- .com/.net domain base 170.5M, down 0.1% YoY; new registrations 10.4M vs 9.2M a year ago.
- Cash flow from operations $202M, up from $160M; deferred revenues $1.38B.
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